Q: Pat: Could I have your recommendation on Harvest Healthcare ETF (HHL): Even with share prices down because of the market, this dividend of about 9% seems too good to be true. Is this ETF a good choice for income?

A: Harvest Healthcare Leaders Income ETF, $7.74, symbol HHL on Toronto, (Units outstanding: 131.6 million; Market cap: $1.0 billion; www.harvestportfolios.com), holds a portfolio of 20 large-cap global healthcare companies. The fund’s manager selected them based on their perceived potential to provide attractive monthly income and… Read More

Pass on this ETF

HORIZONS ENHANCED INCOME GOLD PRODUCERS ETF $26.82 (Toronto symbol HEP) invests in an equal-weighted portfolio of North American-listed gold mining companies. The portfolio currently holds 14 stocks with all the top producers such as Barrick Gold and Newmont Corp. represented.
The ETF yields a high 6.8%. However, the dividend income… Read More

Q: Pat, I have a question for you: what is the Inner Circle’s thinking on Harvest Healthcare Leaders Income ETF and its very high yield? Thank you.

A: Harvest Healthcare Leaders Income ETF, $8.29, symbol HHL on Toronto, (Units outstanding: 116.0 million; Market cap: $961.6 million; www.harvestportfolios.com), holds a portfolio of 20 large-cap global healthcare companies, selected by the fund’s manager for their potential to provide attractive monthly income and long-term growth.

The… Read More

Q: Pat, could you comment on Harvest Health ETF (HHL): The dividend of about 8% seems unreal. Is this ETF a good choice for income?

A: Harvest Healthcare Leaders Income ETF, $8.60, symbol HHL on Toronto, (Units outstanding: 89.7 million; Market cap: $771.4 million; www.harvestportfolios.com), holds a portfolio of 20 large-cap global healthcare companies, selected by the manager for their potential to provide attractive monthly income and long-term growth.

The ETF… Read More